19:41:10 EST Wed 31 Dec 2025
Enter Symbol
or Name
USA
CA



Scryb Inc (2)
Symbol SCYB
Shares Issued 47,028,402
Close 2025-12-30 C$ 0.105
Market Cap C$ 4,937,982
Recent Sedar Documents

Cybeats enters $1.2-million debt settlement with Scryb

2025-12-31 12:14 ET - News Release

See News Release (C-CYBT) Cybeats Technologies Corp

Mr. Justin Leger reports

CYBEATS AND SCRYB ANNOUNCE DEBT SETTLEMENT AGREEMENT

Cybeats Technologies Corp. and Scryb Inc. have entered into a debt settlement agreement dated Dec. 30, 2025, to settle a secured debenture owing by Cybeats to Scryb in the amount of $1.2-million through the issuance of 10 million common shares of Cybeats at a deemed price of 12 cents per common share. Cybeats intends to complete the debt settlement to improve its financial position in an effort to support its planned future growth.

The debt settlement is subject to acceptance for filing by the Canadian Securities Exchange. The common shares issued pursuant to the debt settlement will be subject to a four-month-and-one-day hold. No new control person of Cybeats will be created pursuant to the debt settlement.

The debt settlement will constitute a related party transaction as defined in Multilateral Instrument 61-101 -- Protection of Minority Securityholders in Special Transactions, as Scryb is a control person of Cybeats. The companies intend to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of such common shares nor the debt settlement will exceed 25 per cent of the companies' respective market capitalizations.

About Cybeats Technologies Corp.

Cybeats Technologies is a cybersecurity company providing software bill of material (SBOM) management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements and secure their software from procurement to development and operation. Cybeats platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency, increase revenue, and align organizations with current and future regulations. C

About Scryb Inc.

Scryb invests in and actively supports a growing portfolio of innovative and high-upside ventures across the technology sector.

We seek Safe Harbor.

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